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Texas oil lease · RRC district 09 · Lease 19087

Producing

NEAL, JO

Neal, Jo is an oil lease in Young County, Texas, operated by Borderline Operating Corp. in the Young County Regular field. The Railroad Commission shows 8,499 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

8,499bbl oil, last 12 months+108% vs prior year
RRC lease
09-19087

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County · RRC district 09Open Young County →
Oil in Jul 2026
697 bbl
Reporting to the state
since Jan 2020
Wells
4
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 108% over the last 12 months

8,499 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 108% over the last 12 monthsMonthly oil production for NEAL, JO, Aug 2023 to Jul 2026. Oil output rose 108% over the last 12 months. 8,499 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.Last 12 months: 8,499 bblbbl per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 108% over the last 12 monthsMonthly oil production for NEAL, JO, Aug 2023 to Jul 2026. Oil output rose 108% over the last 12 months. 8,499 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 19087, district 09. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Nov 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Borderline Operating Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L…Jan 2020 to Oct 2024Borderline Operating Corp.Nov 2024 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Borderline Operating Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L.C.Jan 2020 to Oct 2024Borderline Operating Corp.Nov 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

4 wells on this lease

Every well the Railroad Commission links to oil lease 19087 in district 09. The API number is the state’s ID for a well.
Wells on NEAL, JO
API numberWell no.Status
42-503-312451Shut-in
42-503-331421AActive
42-503-335422AActive
42-503-399103AActive

SourceTexas Railroad Commission Wellbore Query, district 09, lease 19087.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    True Oil Trucking & Mktg, LLC gathers it.

    100% of it, on the list since Nov 1, 2024

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Sep 1, 2026 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Sep 1, 2026

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Nov 1, 2024); True Oil Trucking & Mktg, LLC (gathers it, until Nov 1, 2024).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

80 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
42 not plugged
Horizontal
0
First completion
Sep 30, 1978
Latest permit
Nov 8, 1988
Wells and acres on the permits for Neal, Jo
API numberWell no.Acreson the permit
42-503-399103A80
42-503-335422A80
42-503-331421A80
42-503-312451–

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says NEAL, JO sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for NEAL, JO
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Borderline Operating697697$80.46$2.89
Jun 2026Borderline Operating709709$84.81$3.15
May 2026Borderline Operating531531$102.13$2.94
Apr 2026Borderline Operating717717$100.32$2.77
Mar 2026Borderline Operating717717$91.38$3.04
Feb 2026Borderline Operating882882$64.51$3.62
Jan 2026Borderline Operating530530$60.04$7.72
Dec 2025Borderline Operating909909$57.97$4.26
Nov 2025Borderline Operating694694$60.06$3.79
Oct 2025Borderline Operating870870$60.89$3.19
Sep 2025Borderline Operating711711$63.96$2.97
Aug 2025Borderline Operating532532$64.86$2.91
Jul 2025Borderline Operating682682$68.39$3.20
Jun 2025Borderline Operating510510$68.17$3.02
May 2025Borderline Operating493493$62.17$3.12
Apr 2025Borderline Operating695695$63.54$3.42
Mar 2025Borderline Operating525525$68.24$4.12
Feb 2025Borderline Operating175175$71.53$4.19
Jan 2025Borderline Operating525525$75.74$4.13
Dec 2024Borderline Operating314493$70.12$3.01
Nov 2024Borderline Operating600$69.95$2.12
Oct 2024Three P450$71.99$2.20
Sep 2024Three P250$70.24$2.28
Aug 2024Three P37169$76.68$1.99
Jul 2024Three P360$81.80$2.07
Jun 2024Three P390$79.77$2.54
May 2024Three P340$80.02$2.12
Apr 2024Three P34163$85.35$1.60
Mar 2024Three P00$81.28$1.49
Feb 2024Three P500$77.25$1.72
Jan 2024Three P970$74.15$3.18
Dec 2023Three P54168$71.90$2.52
Nov 2023Three P710$77.69$2.71
Oct 2023Three P78162$85.64$2.98
Sep 2023Three P740$89.43$2.64
Aug 2023Three P72161$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for NEAL, JO. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Borderline Operating Corp.

  • A month that was never paid
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  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

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Borderline Operating Corp. in Young County

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Young County Regular field

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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 19087, district 09, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.